The exact dollar amount you'll save depends on several factors, including your annual income and tax filing status. A Council ...

Roughly 1.5 million Virginia retirees are expected to benefit from a new federal deduction that phases out taxes on Social ...

Roughly 400,000 Utah retirees are expected to gain from a new federal tax deduction that eliminates Social Security income ...

Sen. Sheldon Whitehouse says Republicans have quickly gone to work destabilizing Social Security, Medicare and the entire ...

About three or four times a year, a client will offer a tip to Bill Nemeth for his work on their tax return. Accounting Today is a leading provider of online business news for the accounting community ...

What does the "Big Beautiful" bill mean for your Social Security as a retiree - and how can you plan for the potential ...

However, it also includes a new requirement: to claim the credit, the taxpayer must include a valid Social Security number on ...

Trump's new tax law gives a boost to two provisions to help parents with high child care costs. Is one better than the other?

"No tax on tips" in Trump's so-called "One Big Beautiful Bill" starts in 2025 and expires in four years. It covers only the premium part of OT.

The exact wording of the law actually stipulates a $6,000 tax deduction for individuals aged 65 and older, likely raising the ...

New Hampshire residents will get an average tax break of $4,597 next year under President Donald Trump’s newly minted tax and ...